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402 Olivewood Ter - Olivewood Apartments 4 Unit Apartment Building Offered at $1,360,215 CAD San Diego, CA 92113
Investment Highlights
- Favorable Unit Mix
- Well Maintained
- Centrally Located
Executive Summary
Exceptional opportunity to purchase one of the lowest priced 4-unit properties currently on the market in San Diego County. 402–408 Olivewood Terrace is a 4-unit multifamily property consisting of two 2-bedroom / 1-bath units and two 3-bedroom / 2-bath units totaling approximately 2,844 square feet on a 6,337 square foot lot. Three units are currently occupied with one 3-bedroom / 2-bath unit to be delivered vacant, providing immediate lease-up potential. Units have been upgraded over time and feature efficient floorplans that support an attainable rental profile. The property is centrally located with convenient access to the 5, 15, 805, and 94 freeways as well as Downtown San Diego.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,360,215 CAD | Lot Size | 0.15 AC |
| Price Per Unit | $340,054 CAD | Building Size | 2,844 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1930 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | RM 1-1 | ||
| Price | $1,360,215 CAD |
| Price Per Unit | $340,054 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 2,844 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Opportunity Zone |
Yes |
| Zoning | RM 1-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 3+2 | 1 | - | - |
| 2+1 | 1 | - | - |
| 2+1 | 1 | - | - |
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402 Olivewood Ter - Olivewood Apartments
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